South Korea Luxury Car Market PPT: Growth, Outlook, Demand, Keyplayer Analysis and Opportunity 2024-32
                     South Korea Luxury Car 
Market Research and 
Forecast Report 2024-
2032
Format: PDF+EXCEL
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are at  the top of  the company’s  exper t ise.
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achieve unmatchable compet i t ive advantage,  bui ld  more pro f ic ient  organizat ions,  and secure 
las t ing resul ts .
Acco r d ing  t o  t he  l a t es t  r ep o r t  by  I M ARC  G r ou p ,  t i t l ed  " Sou t h  Kore a  Luxury  C ar  
M ar ke t :  I nd ust ry  T r ends ,  Sha re ,  S i ze ,  G row t h ,  O ppo r t un i t y  a nd  For ecas t  202 4 -
2032 , "  t he  Sou t h  Ko r ea  l u xu r y  ca r  m ar ke t  s i ze  i s  p r o jec t ed  t o  exh ib i t  a  g r o w t h  r a t e  
( CAG R)  o f  5 . 2 0% du r in g  20 24 - 20 32 .
Report The  g r ow ing  d is pos ab le  i ncom es  as  we l l  as  t he  i nc r eas ing  i n t e r es t  i n  p r em ium  veh ic les  am ong  a f f l uen t  c ons um er s  a r e  t he  f ac t o r s  r es pons ib le  f o r  t he  g r o w t h  o f  t he  
Sou t h  K o r ea  l ux u r y  ca r  m ar ke t .  Ad d i t i ona l l y ,  t he  d em an d  f o r  l ux u r y  ca r s  i s  
Highlight and esca la t i ng  as  m or e  i nd i v idua l s  se ek  t o  ex p r ess  t he i r  su ccess  an d  s t a t us  t h r ou gh  
l uxu r y  ca r  own er sh i p ,  wh ich  i s  f ue l i ng  t h e  m ar ke t .  
Bes i des  t h i s ,  b r ands  s uch  a s  M er ce des - Benz ,  BM W,  and  Aud i  do m ina t e  t h e  m ar k e t ,  
Description cap i t a l i z i ng  on  t he i r  r e pu t a t i on  f o r  qua l i t y ,  pe r f o r m ance ,  and  i nn ova t iv e  t ec hno log y ,  
f u r t he r  bo l s t e r i ng  t h e  m ar ke t .  M or eo ve r ,  l uxu r y  c a r  m anu f ac t u r e r s  a r e  i nc r eas i ng l y  
t a i l o r i ng  t he i r  m ar k e t i ng  s t r a t e g ies  t o  ca t e r  t o  t he  soph is t i ca t ed  t as t e s  a nd  
p r e f e r enc es  o f  con sum er s ,  boos t i ng  sa les .
Reque st  f o r  a  P DF  s ampl e  o f  t h i s  repor t :  
h t t p s : / / www. im ar c g r ou p . com / sou t h - k o r ea - luxu r y - ca r - m ar ke t / r equ es t s am p le
Report Description
South Korea  Luxury  Car  Market  T rends :
Techno log ica l  advancements  and  env i ronmenta l  cons idera t ions  a re  fu r the r  augment ing  the  Sou th  Korea  luxury  
ca r  marke t .  I n  add i t i on  to  th is ,  t he  in teg ra t ion  o f  cu t t ing -edge  techno log ies  such  as  advanced  d r ive r  ass is tance  
sys tems (ADAS) ,  au tonomous d r i v ing  capab i l i t i es ,  and  connec ted  ca r  fea tu res  enhances  the  appea l  o f  l uxu ry  
veh ic les ,  wh ich  i s  ac t ing  as  ano ther  g rowth - induc ing  fac to r .  
Fur the rmore ,  consumers  a re  inc reas ing ly  va lu ing  the  conven ience ,  sa fe ty ,  and  persona l i zed  exper iences  o f fe red  
by  these  techno log ica l  i nnova t ions ,  the reby  esca la t ing  the  marke t .  I n  l ine  w i th  th i s ,  t he  g row ing  awareness  o f  
env i ronmen ta l  i ssues  and  incen t i ves  by  the  gove rnment  au thor i t ies  fo r  eco- f r i end ly  veh ic les  i s  encourag ing  the  
adop t ion  o f  e lec t r i c  and  hyb r id  l uxury  ca rs  and  is  pos i t i ve l y  impac t ing  the  marke t .  Lead ing  manufac tu re rs  a re  
respond ing  by  expand ing  the i r  po r t fo l ios  w i th  sus ta inab le  mode ls  tha t  do  no t  compromise  on  per fo rmance  o r  
luxury ,  wh ich  i s  an t ic ipa ted  to  d r ive  the  Sou th  Korea  luxury  ca r  marke t  ove r  the  fo recas ted  per iod .
View Repor t  TOC,  F igures  and  Tables :  h t tps: / /www. imarcgroup.com/south-korea- luxury-car -market
Vehicle Type Insights:
• Hatchback
• Sedan
• Sports Ut i l i ty Vehicle
 
Fuel Type Insights:
Report • Gasol ine
• Diesel
Segmentation
• Electr ic
Price Range Insights:
• Entry-Level
• Mid-Level
• High-End
• Ultra
Regional Insights:
• Seoul Capital  Area
Report • Yeongnam (Southeastern Region)
• Honam (Southwestern Region)
Segmentation • Hoseo (Central  Region)
• Others
How has the South Korea luxury car market performed 
so far and how will it perform in the coming years?
What has been the impact of COVID-19 on the South 
Korea luxury car market?
What is the breakup of the South Korea luxury car 
market on the basis of vehicle type?
Key 
What is the breakup of the South Korea luxury car 
market on the basis of fuel type?
Questions 
Answered in What is the breakup of the South Korea luxury car market on the basis of price range?
the Report What are the various stages in the value chain of the 
South Korea luxury car market?
What are the key driving factors and challenges in the 
South Korea luxury car?
What is the structure of the South Korea luxury car 
market and who are the key players?
What is the degree of competition in the South Korea 
luxury car market?
1     P r e f a c e
2     S c o p e  a n d  M e t h o d o l o g y
    2 . 1     O b j e c t i v e s  o f  t h e  S t u d y
    2 . 2     S t a k e h o l d e r s
    2 . 3     D a t a  S o u r c e s
        2 . 3 . 1     P r i m a r y  S o u r c e s
        2 . 3 . 2     S e c o n d a r y  S o u r c e s
    2 . 4     M a r k e t  E s t i m a t i o n
Table of         2 . 4 . 1     B o t t o m - U p  A p p r o a c h        2 . 4 . 2     T o p - D o w n  A p p r o a c h
    2 . 5     F o r e c a s t i n g  M e t h o d o l o g y
3     E x e c u t i v e  S u m m a r y
4    S o u t h  K o r e a  L u x u r y  C a r  M a r k e t  -  I n t r o d u c t i o n
Contents     4 . 1     O v e r v i e w    4 . 2     M a r k e t  D y n a m i c s
    4 . 3     I n d u s t r y  T r e n d s
    4 . 4     C o m p e t i t i v e  I n t e l l i g e n c e
5    S o u t h  K o r e a  L u x u r y  C a r  M a r k e t  L a n d s c a p e
    5 . 1     H i s t o r i c a l  a n d  C u r r e n t  M a r k e t  T r e n d s  ( 2 0 1 8 - 2 0 2 3 )
    5 . 2     M a r k e t  F o r e c a s t  ( 2 0 2 4 - 2 0 3 2 )
6    S o u t h  K o r e a  L u x u r y  C a r  M a r k e t  -  B r e a k u p  b y  V e h i c l e  T y p e
    6 . 1     H a t c h b a c k
        6 . 1 . 1  O v e r v i e w
        6 . 1 . 2  H i s t o r i c a l  a n d  C u r r e n t  M a r k e t  T r e n d s  ( 2 0 1 8 - 2 0 2 3 )
        6 . 1 . 3  M a r k e t  F o r e c a s t  ( 2 0 2 4 - 2 0 3 2 )
    6 . 2     S e d a n
        6 . 2 . 1  O v e r v i e w
        6 . 2 . 2  H i s t o r i c a l  a n d  C u r r e n t  M a r k e t  T r e n d s  ( 2 0 1 8 - 2 0 2 3 )
        6 . 2 . 3  M a r k e t  F o r e c a s t  ( 2 0 2 4 - 2 0 3 2 )
       
    6 . 3     S p o r t s  U t i l i t y  V e h i c l e
        6 . 3 . 1  O v e r v i e w
        6 . 3 . 2  H i s t o r i c a l  a n d  C u r r e n t  M a r k e t  T r e n d s  ( 2 0 1 8 - 2 0 2 3 )
        6 . 3 . 3  M a r k e t  F o r e c a s t  ( 2 0 2 4 - 2 0 3 2 )
7    S o u t h  K o r e a  L u x u r y  C a r  M a r k e t  -  B r e a k u p  b y  F u e l  T y p e
    7 . 1     G a s o l i n e
        7 . 1 . 1  O v e r v i e w
        7 . 1 . 2  H i s t o r i c a l  a n d  C u r r e n t  M a r k e t  T r e n d s  ( 2 0 1 8 - 2 0 2 3 )
        7 . 1 . 3  M a r k e t  F o r e c a s t  ( 2 0 2 4 - 2 0 3 2 )
    7 . 2     D i e s e l
        7 . 2 . 1  O v e r v i e w
        7 . 2 . 2  H i s t o r i c a l  a n d  C u r r e n t  M a r k e t  T r e n d s  ( 2 0 1 8 - 2 0 2 3 )
Table of         7 . 2 . 3  M a r k e t  F o r e c a s t  ( 2 0 2 4 - 2 0 3 2 )
    7 . 3     E l e c t r i c
        7 . 3 . 1  O v e r v i e w
Contents         7 . 3 . 2  H i s t o r i c a l  a n d  C u r r e n t  M a r k e t  T r e n d s  ( 2 0 1 8 - 2 0 2 3 )        7 . 3 . 3  M a r k e t  F o r e c a s t  ( 2 0 2 4 - 2 0 3 2 )
8    S o u t h  K o r e a  L u x u r y  C a r  M a r k e t  -  B r e a k u p  b y  P r i c e  R a n g e
    8 . 1     E n t r y - L e v e l
        8 . 1 . 1  O v e r v i e w
        8 . 1 . 2  H i s t o r i c a l  a n d  C u r r e n t  M a r k e t  T r e n d s  ( 2 0 1 8 - 2 0 2 3 )
        8 . 1 . 3  M a r k e t  F o r e c a s t  ( 2 0 2 4 - 2 0 3 2 )
    8 . 2     M i d - L e v e l
        8 . 2 . 1  O v e r v i e w
        8 . 2 . 2  H i s t o r i c a l  a n d  C u r r e n t  M a r k e t  T r e n d s  ( 2 0 1 8 - 2 0 2 3 )
        8 . 2 . 3  M a r k e t  F o r e c a s t  ( 2 0 2 4 - 2 0 3 2 )
    8 . 3     H i g h - E n d
        8 . 3 . 1  O v e r v i e w
        8 . 3 . 2  H i s t o r i c a l  a n d  C u r r e n t  M a r k e t  T r e n d s  ( 2 0 1 8 - 2 0 2 3 )
        8 . 3 . 3  M a r k e t  F o r e c a s t  ( 2 0 2 4 - 2 0 3 2 )     
F o r  m o r e  i n f o r m a t i o n ,  v i s i t :  
h t t p s : / / w w w. im a rcg ro u p . co m / s o u t h - ko rea - l u x u r y - c a r- m a r ke t / t o c
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